GREENTHING: what changed
GREENTHING
Largest movements
- Receivables within one year -€142,914
down €142,914 (-78.5%), from €182,060 to €39,146
of which Trade receivables: -€107,927
- Tangible fixed assets -€93,663
down €93,663 (-25.3%), from €370,939 to €277,276
of which Furniture and vehicles: -€84,248
- Cash +€85,190
up €85,190 (+975%), from €8,739 to €93,929
mainly Receivables within one year (+€142,914) and Depreciation (+€100,043)
- Trade debts -€112,044
down €112,044 (-89.1%), from €125,725 to €13,681
- Other debts -€31,000
down €31,000 (-8.2%), from €379,000 to €348,000
- Profit (loss) carried forward -€8,343
down €8,343 (-22.5%), from €37,013 to €28,670
- Depreciation +€100,043
new in 2025: €100,043
- Gross operating margin +€77,387
up €77,387 (+421%), from €18,400 to €95,787
- Staff costs -€9,707
down €9,707 (-73.5%), from €13,203 to €3,496
- Other operating charges +€1,173
up €1,173 (+111%), from €1,061 to €2,234
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €561,738 | €410,351 | -€151,387 | -26.9% |
| Fixed assets | 21/28 | €370,939 | €277,276 | -€93,663 | -25.3% |
| Tangible fixed assets | 22/27 | €370,939 | €277,276 | -€93,663 | -25.3% |
| Plant, machinery and equipment | 23 | €65,885 | €56,470 | -€9,415 | -14.3% |
| Furniture and vehicles | 24 | €305,054 | €220,806 | -€84,248 | -27.6% |
| Current assets | 29/58 | €190,799 | €133,075 | -€57,724 | -30.3% |
| Amounts receivable within one year | 40/41 | €182,060 | €39,146 | -€142,914 | -78.5% |
| Trade receivables | 40 | €144,302 | €36,375 | -€107,927 | -74.8% |
| Other amounts receivable | 41 | €37,758 | €2,771 | -€34,987 | -92.7% |
| Cash at bank and in hand | 54/58 | €8,739 | €93,929 | +€85,190 | +975% |
| Total equity and liabilities | 10/49 | €561,738 | €410,351 | -€151,387 | -26.9% |
| Equity | 10/15 | €57,013 | €48,670 | -€8,343 | -14.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,013 | €28,670 | -€8,343 | -22.5% |
| Amounts payable | 17/49 | €504,725 | €361,681 | -€143,044 | -28.3% |
| Amounts payable within one year | 42/48 | €504,725 | €361,681 | -€143,044 | -28.3% |
| Trade debts | 44 | €125,725 | €13,681 | -€112,044 | -89.1% |
| Suppliers | 440/4 | €125,725 | €13,681 | -€112,044 | -89.1% |
| Other amounts payable | 47/48 | €379,000 | €348,000 | -€31,000 | -8.2% |
| Remuneration, social security and pensions | 62 | €13,203 | €3,496 | -€9,707 | -73.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €100,043 | +€100,043 | |
| Other operating charges | 640/8 | €1,061 | €2,234 | +€1,173 | +111% |
| Gross operating margin | 9900 | €18,400 | €95,787 | +€77,387 | +421% |
| Operating profit (loss) | 9901 | €4,136 | -€9,986 | -€14,122 | |
| Financial income | 75/76B | €810 | €1,643 | +€833 | +103% |
| Recurring financial income | 75 | €810 | €1,643 | +€833 | +103% |
| Financial charges | 65/66B | €62 | - | -€62 | |
| Recurring financial charges | 65 | €62 | - | -€62 | |
| Profit (loss) for the period before taxes | 9903 | €4,884 | -€8,343 | -€13,227 | |
| Profit (loss) for the period | 9904 | €4,884 | -€8,343 | -€13,227 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,884 | -€8,343 | -€13,227 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.